Reports
The global vulvovaginal candidiasis treatment market is expected to witness strong growth during the forecast period between 2021 and 2031.
Vulvovaginal candidiasis treatment refers to medication and procedures deployed to help cure women suffering from vulvovaginal candidiasis- one of the most common disorders observed in women, globally.
Some of the symptoms of vulvovaginal candidiasis include discomfort during sexual intercourse, discomfort during urinating, vaginal soreness, and abnormal vagina discharge.
The outbreak of COVID-19 pandemic adversely affected growth in global vulvovaginal candidiasis treatment market. Rising cases worldwide led to increased number of hospitalizations which led to transfer of various healthcare personnel to monitor patients suffering from the virus.
As a result, the number of personnel to treat patients suffering from vulvovaginal candidiasis decreased significantly which reduced the treatment for vulvovaginal candidiasis treatment and impacted market growth.
Rising prevalence of different cardiovascular and neurological diseases is the key growth driver of global vulvovaginal candidiasis treatment market.
Also, rising incidences of hospital-acquired infections in leading economies globally is anticipated to help create revenue-generating opportunities for leading players in vulvovaginal candidiasis treatment market, in the coming years.
In addition to this, increased manufacturing of new anti-fungal drugs could trigger the demand for vulvovaginal candidiasis treatment and stimulate the growth in overall market, in the coming years.
Other factors such as rising prevalence of chronic diseases such as cancer as well as increasing demand for improved treatment options are also expected to contribute to market growth, in years to come.
Clotrimazole drug segment is expected to emerge as largest revenue contributor to overall market due to increasing product demand to treat patients suffering from vulvovaginal candidiasis in prominent countries worldwide.
Offline distribution channel is projected to emerge as largest contributor, in terms of revenue, to overall vulvovaginal candidiasis treatment market because of increased preference to purchase medicines from hospital pharmacies globally.
The global vulvovaginal candidiasis treatment market is extremely competitive, with prominent presence of leading players. Many of these players are expected to hold a large share in overall market, in the coming years.
Research and development undertakings to develop improved treatment methods could be key, revenue-generating growth strategy for leading players in the coming years.
Signing collaborative agreements with smaller players could help prominent players in expanding their presence in global vulvovaginal candidiasis treatment market and improve their revenue.
Some of the leading players in global vulvovaginal candidiasis treatment market include Pfizer, Grupo Ferrer International, S.A., Pacgen Life Science Corporation, Scynexis, Inc., Basilea Pharmaceutical Ltd., and Astellas Pharma Inc.
The global vulvovaginal candidiasis treatment market is divided into five regions, namely, North America, Asia Pacific, Europe, Latin America, and Middle East and Africa.
North America is expected to be the dominant region in global vulvovaginal candidiasis treatment market because of presence of developed healthcare infrastructure facilities as well as numerous market players in countries such as the U.S and Canada.
Leading players could make huge investments in mhealth which could help the segment emerge as largest revenue generator, in future.
Europe is expected to witness significant growth in overall vulvovaginal candidiasis treatment market owing to surge in patient population in countries such as the U.K. and Germany.
Asia Pacific is projected to witness strong growth in global vulvovaginal candidiasis treatment market in future owing to developing healthcare infrastructure facilities in countries such as India and China.
Other regions of the world such as Latin America and Middle East and Africa are expected to witness moderate growth in vulvovaginal candidiasis treatment market, in the coming years.
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